Mexican peso is tired. Forecast as of 17.05.2023
A dovish shift can be made not only by the Fed. Emerging markets’ central banks were the first to initiate cycles of monetary tightening. They might be the first to start cutting rates. Let us discuss the Forex outlook and make up a USDMXN trading plan.
Weekly fundamental Mexican peso forecast
Why is the Mexican peso so successful in 2023? Is it due to wise domestic policies, fiscal austerity, and the government's promise to avoid new debt, as the current authorities think? Or is it because of high rates, rising remittances, and the country's proximity to a strong US economy?... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3pCGyif
